Business

Essential Steps to Prepare for Comprehensive Wildfire Litigation
Insurance Essential Steps to Prepare for Comprehensive Wildfire Litigation

When faced with the daunting prospect of wildfire litigation, it is essential to be proactively prepared to safeguard your rights and interests. Rushing into legal disputes without a well-strategized approach can lead to unfavorable outcomes. By following these crucial steps, you can ensure that

How Is RegTech Transforming Compliance Costs and Risk Management?
Regulatory & Compliance How Is RegTech Transforming Compliance Costs and Risk Management?

In today's highly regulated business landscape, companies are increasingly challenged by the elaborate web of regulatory requirements that must be navigated to maintain compliance. This is especially true in industries such as finance and healthcare, where the stakes are high, and the regulatory

Is the January 2025 Reinsurance Market Softening Rational?
Insurance Is the January 2025 Reinsurance Market Softening Rational?

The article from Artemis.bm provides an insightful analysis of the property catastrophe reinsurance market trends and developments observed during the key January 2025 renewals. This discussion focuses on the "rational" softening of the market, underscored by significant reductions in risk-adjusted

Will Structural Changes in Reinsurance Market Persist Into 2025?
Insurance Will Structural Changes in Reinsurance Market Persist Into 2025?

The reinsurance market has been undergoing significant changes, particularly during the hard market phase. As we move towards 2025, the question arises: will these structural changes persist? This article delves into evolving trends, market dynamics, and the future outlook of the reinsurance

Hawkes Bay Underwriting Regains Lloyd’s Coverholder Status In Asia-Pacific
Insurance Hawkes Bay Underwriting Regains Lloyd’s Coverholder Status In Asia-Pacific

Hawkes Bay Underwriting (HBU) Marine, a prominent Managing General Agent in the Asia-Pacific region, has successfully regained its status as a Lloyd’s of London Coverholder after a hiatus of several years. Originally established in 2008, HBU has been a key player in providing specialized insurance

Uber Opposes New York's Proposed Changes to Commercial Auto Insurance
Insurance Uber Opposes New York's Proposed Changes to Commercial Auto Insurance

New York City's Taxi and Limousine Commission (TLC) recently proposed significant changes to commercial auto insurance requirements in response to the financial instability of American Transit Insurance Co. (ATIC), which insures around 60% of the city's 120,000 for-hire vehicles. ATIC reported over

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